ScottishNews.com

Finance

Julius Baer doubles down on Scotland with Glasgow office launch

Published 1 year ago

Julius Baer International (JBI), part of Swiss bank Julius Bär Group, has announced the opening of its second Scotland office in Glasgow, adding to its existing presence in Edinburgh.

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Phil Anderson Financial Services continues England expansion with Cheshire office

Published 1 year ago

Ellon-based Phil Anderson Financial Services has opened a new office in Wilmslow, Cheshire, further expanding its England presence.

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Armstrong Watson: Scottish Budget announcements do little to ease fiscal drag

Published 1 year ago

Among the SNP’s Scottish Budget proposals for the coming tax year, Finance Secretary Shona Robison announced increases to the income tax starter rate and basic rate thresholds, however these small tax savings do very little to ease the pain of fiscal drag for many.

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ICAS CEO named chair of Global Accounting Alliance

Published 1 year ago

Bruce Cartwright CA, CEO of the Institute of Chartered Accountants of Scotland (ICAS), has been appointed as new chair of the Global Accounting Alliance (GAA).

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Aviva to acquire Direct Line in £3.6bn deal

Published 1 year ago

Aviva has reached a preliminary agreement to acquire rival insurer Direct Line for £3.6 billion after its third takeover bid was accepted.

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Report: Job vacancies drop amid lower business confidence

Published 1 year ago

UK job vacancies have fallen at their fastest rate since the start of the pandemic, with businesses facing slumping confidence, rising costs, and weakening consumer demand.

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SRC: Black Friday boosts Scottish retail sales

Published 1 year ago

Sales rose during Black Friday week as Scottish shoppers embraced deals both online and in-store, providing a much-needed boost to retailers.

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Sandy Begbie awarded Freedom of the City of London

Published 1 year ago

The chief executive of Scottish Financial Enterprise, Sandy Begbie CBE FRSE, has received the Freedom of the City of London, in recognition of his significant contribution to Scotland’s financial and professional services sector.

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Highland Council finances receive Audit Scotland seal of approval

Published 1 year ago

Audit Scotland’s Annual Audit Report 2023/24 has commended The Highland Council for its effective financial management and governance arrangements.

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Fiscal drag pushes hundreds of thousands more taxpayers into 60% bracket

Published 1 year ago

New figures have revealed a dramatic increase in the number of UK taxpayers facing a 60% tax rate on a portion of their earnings.

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Bitcoin reaches $100,000 for first time

Published 1 year ago

Bitcoin has reached a long-awaited milestone, rising above $100,000 (c. £78,000) for the first time in its history.

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Scottish start-up SENGUARD wins £75,000 to shield over-50s from cybercrime

Published 1 year ago

A Scottish company dedicated to defending the over-50s from online threats has secured £75,000 from Scottish EDGE that will enable it to accelerate product development and support upcoming investment rounds.

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Wbg: Scottish Budget offers some good news for hospitality sector while uneven playing field remains intact

Published 1 year ago

Wbg has responded to the Scottish Government’s Budget by noting that while it offers some good news for the hospitality sector, the lack of any changes to tax rates means that many Scots will still be paying higher rates than taxpayers in the remainder of the UK.

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‘More clarification needed’ after Scottish Budget spending plans unveiled

Published 1 year ago

“More clarification needed” was the overarching view of tax specialists at MHA following unveiling of the Scottish Government’s Budget.

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BDO: One third of Scottish businesses have experienced fraud in the last five years

Published 1 year ago

More than one third (35%) of Scottish businesses have experienced fraud in the last five years, a new survey from BDO has found.

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